Peter Farmakis

Peter Farmakis Email and Phone Number

President and CEO @ VitaHEAT® Medical
Libertyville, IL, US
Peter Farmakis's Location
Libertyville, Illinois, United States, United States
About Peter Farmakis

Peter is an accomplished executive with diversified leadership experiences in the life science industry including; biotech/pharmaceuticals, medical devices, and diagnostics/molecular diagnostics. Throughout his career Peter has held multiple commercial leadership positions with two large industry leading diversified life science organizations Johnson & Johnson and Abbott Laboratories, and six privately held early-stage/start-up companies including Gateway Biome, Covira, VitaHEAT Medical, OraPharma, Unimed Pharmaceuticals, and DynaSplint Systems.Peter completed the General Management Executive Development Program from Northwestern University - Kellogg School of Management. Peter attained his MBA in Marketing and Strategic Management from the University of Illinois at Chicago, and his BA in Pre-Physical Therapy and Psychology from the University of Illinois at Chicago. Peter's board experience includes Board of Directors for Gateway Biome, Board of Directors for Covira, CEO Leadership on the Ops Team for Smart Health Catalyst, and past Boards of Director roles including VitaHEAT Medical and Health Industry Supply Chain Institute.

Peter Farmakis's Current Company Details
VitaHEAT® Medical

Vitaheat® Medical

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President and CEO
Libertyville, IL, US
Peter Farmakis Work Experience Details
  • Vitaheat® Medical
    President And Ceo
    Vitaheat® Medical
    Libertyville, Il, Us
  • Three Squared Biosciences
    Chairman And Chief Executive Officer
    Three Squared Biosciences Jan 2023 - Present
    32 Biosciences pronounced "Three Squared Biosciences"Revolutionizing Healthcare: Harnessing Microbiome Science to Prevent and Treat Disease. 32 Biosciences is taking a new approach to medicine by using our field defining research to build clinically useful, validated, precision tools to diagnose and correct Dysbiosis (microbiome imbalance), a central but under-appreciated driver of human disease.In April of 2024, 32 Biosciences was formalized as the parent company to our two wholly-owned subsidiaries Gateway Biome and Covira.
  • Gateway Biome
    Chief Executive Officer
    Gateway Biome Jan 2023 - Apr 2024
    Gateway Biome is a healthcare company, a spinout from The University of Chicago (Nov 2022). This microbiome-focused company is based on the work of world leading gut microbiome experts Eugene Chang, MD & Joseph Pierre, PhD. Gateway Biome's focus is to develop diagnostic/screening tools that leverage artificial intelligence to better understand the gut microbiome and prevent diseases. Gateway Biome's lead asset (GB-0001) measures the health of the gut microbiome in Adults ages 18-64.
  • Covira
    Chief Executive Officer
    Covira Feb 2020 - Apr 2024
    North Chicago, Il, Us
    Covira is a biotech company, a spinout from The University of Chicago (Sept 2018), developing drugs that work by modulating the biological activity of the gut microbiome to prevent diseases. This microbiome-focused company is based on the work of Dr. John Alverdy, MD, a world authority on the molecular basis of post-surgical infections. Covira’s platform technology generated a lead asset (CS-0003) that modulates bacterial virulence and restores microbial communities to prevent post-surgical infections. Covira’s approach is transformative to the field. In October 2022, after a 7-month competitive process with more than 4,000 early-stage US companies, Covira was named 1 of 16 Most Fundable Companies, Pepperdine Graziadio Business School Announces the 2022 List of Most Fundable Companies.- Built organization including Board of Directors, Chief Scientific Officer, Chief Regulatory Officer, Chief Financial Officer, Head of Finance & Accounting, General Counsel, Scientists, Scientific Advisory Board, Business Advisory Board and Key Business Partners.- Completed strategic plan for lead assets ($8.8B US TAM opportunity), to deliver US peak year sales of $2.5B.- Developed key partnerships with University of Chicago, Pritzker School of Molecular Engineering, Argonne National Laboratories, and IQVIA Biotech. Negotiated and closed research & development agreement with Fortune 100 company.
  • Vitaheat® Medical
    President & Ceo
    Vitaheat® Medical 2015 - 2019
    Deer Park, Il, Us
    Medical Device Company. Responsible for building and leading VitaHEAT Medical and preparing the organization for the US launch of VitaHEAT UB3, a leading product technology designed to maintain normothermia throughout the peri-operative process in the $1.8B global surface warming market. - Hired and developed Senior Management Team; Sales, Marketing, Strategic Accounts, Commercial Operations, Customer Excellence, Human Resources, Finance/Accounting, Legal, Engineering, Quality & Regulatory Positions.- Executed Common Unit and Convertible Debt Offerings. Achieved capital raise targets from both new and existing investors/shareholders.- Completed Clinical Trials and launched VitaHEAT UB3 in April 2016. VitaHEAT UB3 is a leading product technology in the $1.8B global surface warming market. - Closed Series A Preferred Equity Investment with 3M Ventures (sponsored by 3Ms Infection Control Division), April 2017. - Achieved 40% YOY sales growth 2017 vs 2016 and captured over 1% market share of the addressable market.
  • Abbott
    General Management
    Abbott 2006 - 2015
    Abbott Park, Illinois, Us
    In 2015 Abbott Laboratories revenues exceeded $20 billion (2019 revenues $31.9 billion) coming from four major business units Diagnostics, Medical Devices, Nutrition, and Established Pharmaceuticals.Positions Held (4)- Head of US Commercial Operations- Sr. Director Marketing, Sales & Business Development - Director Marketing & Sales- Director Marketing & Sales Operations
  • Johnson & Johnson
    General Management
    Johnson & Johnson 2002 - 2006
    New Brunswick, Nj, Us
    In 2006 Johnson & Johnson revenues exceeded $53 billion (2019 revenues $82.1 billion) coming from three major business units Pharmaceuticals, Medical Devices, and Consumer Products.*Start-up Pharmaceutical, Medical Device and Consumer Products Company. Successful exit, OraPharma, Inc. acquired by Johnson & Johnson in 2003 for $85MM.Positions Held (2) - Director US Strategic Accounts Business- Regional Sales Manager
  • Solvay
    Marketing Management (Formerly Unimed Pharmaceuticals, Solvay Pharmaceuticals)
    Solvay 2001 - 2002
    Brussels, Be
    *Start-up Pharmaceutical Company. Successful exit, Unimed Pharmaceuticals acquired by Solvay Pharmaceuticals for $123MM. Solvay acquired by Abbott Laboratories (now part of AbbVie, Inc.).Position Held- Product Manager
  • Johnson & Johnson
    Sales Management
    Johnson & Johnson 1997 - 2001
    New Brunswick, Nj, Us
    In 2001 Johnson & Johnson revenues exceeded $32 billion (2018 revenues $82 billion) coming from three major business units Pharmaceuticals, Medical Devices, and Consumer Products.Positions Held (4)- District Sales Manager- Neuroscience Specialty Sales Representative - Hospital Sales Representative - Primary Care Sales Representative
  • Dynasplint Systems, Inc.
    Business Development
    Dynasplint Systems, Inc. 1994 - 1996
    Severna Park, Maryland, Us
    *Start-up Medical Device Company. Successful ongoing operations, Dynasplint Systems, Inc. remains a privately held company today.Position Held- Sales Representative

Peter Farmakis Skills

Cross Functional Team Leadership Medical Devices Leadership Product Launch Pharmaceutical Industry Sales Start Ups Sales Management Strategy Market Development Oncology Strategic Planning Marketing Marketing Management P&l Management Sales Effectiveness Infectious Diseases General Management Molecular Diagnostics

Peter Farmakis Education Details

  • Northwestern University - Kellogg School Of Management
    Northwestern University - Kellogg School Of Management
    General Management Executive Development Program
  • Rutgers Business School
    Rutgers Business School
    Biopharma Innovation Executive Education Program
  • University Of Illinois Chicago-College Of Business Administration
    University Of Illinois Chicago-College Of Business Administration
    Marketing & Strategic Management
  • University Of Illinois Chicago
    University Of Illinois Chicago
    Pre-Physical Therapy & Psychology

Frequently Asked Questions about Peter Farmakis

What company does Peter Farmakis work for?

Peter Farmakis works for Vitaheat® Medical

What is Peter Farmakis's role at the current company?

Peter Farmakis's current role is President and CEO.

What is Peter Farmakis's email address?

Peter Farmakis's email address is pe****@****cal.com

What is Peter Farmakis's direct phone number?

Peter Farmakis's direct phone number is +163022*****

What schools did Peter Farmakis attend?

Peter Farmakis attended Northwestern University - Kellogg School Of Management, Rutgers Business School, University Of Illinois Chicago-College Of Business Administration, University Of Illinois Chicago.

What skills is Peter Farmakis known for?

Peter Farmakis has skills like Cross Functional Team Leadership, Medical Devices, Leadership, Product Launch, Pharmaceutical Industry, Sales, Start Ups, Sales Management, Strategy, Market Development, Oncology, Strategic Planning.

Who are Peter Farmakis's colleagues?

Peter Farmakis's colleagues are Mike Kohler.

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